TradeWaves-EWA

Apple. Uptrend road - on the way to a dramatic reversal

Long
NASDAQ:AAPL   Apple Inc
●● Preferred count
● AAPL πŸ•TF: 2W
Fig.1

A more detailed counting of the structure, as well as attempts to overlay graphs of indices, in order to indicate the most likely context of the long term waves, prompted a slight revision of the wave count:

- Structure 1983-1997 interpreted as a running flat IV of (III).

- Uptrend wave 2003-2007 β€” series of the first and second waves (1)-(2) 1-2
_______________________________________
● AAPL πŸ•TF: 1D
Fig.2

On the daily and hourly timeframes, for about two years now, the structure has been developing according to our forecasts. Were predicted: the level of completion of wave iii of (v), the shape and completion of wave iv of (v). The most probable target for wave (v) of ((iii)) also remains unchanged β€” level 214, upon reaching which, based on alternative counting, I plan to completely exit a long position.

_______________________________________
● AAPL πŸ•TF: 4h
Fig.3

It is expected that the wave v of (c) of ((iii)) will take the form of a ending diagonal β‘ -β‘‘-β‘’-β‘£-β‘€.

_______________________________________
_______________________________________
●● Alternative count
● AAPL πŸ•TF: 2W
Fig.4

Alternative wave counting suggests the development of the final wave (5) of β‘’. The next wave β‘£ will tend to roll back to the area of the previous fourth - intermediate (4), which intersects with the lower border of the channel β‘ -β‘‘-β‘’, Fibo 23.6% β‘’, as well as the moving average 610.

_______________________________________
Disclaimer:

β€” The owner of the TradeWaves-EWA Β© community is not responsible and has no direct or indirect obligations to the User/Customer in connection with any possible losses or financial damages related to any content of this community.

πŸ†“ Π‘ΠΎΠ»ΡŒΡˆΠ΅ Π°Π½Π°Π»ΠΈΡ‚ΠΈΠΊΠΈ Π² Telegram: t.me/freetradelife

πŸ“š ΠœΠ΅Ρ‚ΠΎΠ΄ΠΈΡ‡ΠΊΠ° (Elliott Wave Guide): t.me/elliottwaveprincipal

πŸ“š Π‘ΠΈΠ±Π»ΠΈΠΎΡ‚Π΅ΠΊΠ° (Ellott Wave Archive): t.me/biblioewa

πŸ’Ž Premium: t.me/freetradelife_premium
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.